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The a2 Milk Company’s fall from grace continues

The a2 Milk Company’s fall from grace continues

The company is searching for a new Asia-Pacific boss after Peter Nathan makes an exit, just months after CEO David Bortolussi was installed.

Peter Nathan, who helped build a2 Milk into a powerhouse, has recently resigned. Eddie Jim

Carrie LaFrenzSenior reporter

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Any time a new chief executive starts and takes a look under the hood, and a powerful executive leaves the business, there’s speculation about the future path the company may travel – and it’s no different at baby formula and fresh milk brand The a2 Milk Company.

As head of Asia-Pacific Peter Nathan makes a swift exit just months after CEO David Bortolussi was installed, it is hard to walk past the money the long-serving executive pocketed just before a2 Milk served up four downgrades in less than nine months.

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Carrie LaFrenz
Carrie LaFrenzSenior reporterCarrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com

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Original URL: https://www.afr.com/companies/manufacturing/the-a2-milk-company-s-fall-from-grace-continues-20210517-p57sni